DBS Group Research analysts Yeo Kee Yan and Janice Chua believe that the 2QFY2022 performance of SGX-listed counters has “allayed” concerns of further lows.In a report dated Aug 24, the analysts write that the 2QFY2022 results season “debunked immediate slowdown concerns”, reflecting Singapo...

Despite new order wins, CSE Global is blighted by supply chain disruptions and a lack of large greenfield projects. As such, DBS Group Research analyst Ling Lee Keng is downgrading the systems integrator to “hold” from “buy”.“We remain positive on CSE’s recovery as new order wins from al...

DBS Group Research on Tuesday (Aug 16) downgraded its call on CSE Global from “buy” to “hold”, with a target price of S$0.45, down from S$0.59. This comes as supply chain disruptions are still expected to weigh on the systems integrator’s margins.

TECHNOLOGY solutions provider CSE Global reported a net profit of S$4.5 million for the first half of the year on Friday (Aug 12), down 55 per cent from earnings of S$10.1 million in the corresponding year-ago period.

CSE Global says that it has won new orders of some $189.5 million in 2QFY2022 ended June up 81.5% y-o-y.The company now has an order book totalling $388.9 million.CSE Global attributes the jump to new large greenfield projects and higher flow orders secured in the energy sector.“Despite various ch...

UOB Kay Hian analyst Adrian Loh has maintained his “overweight” rating for the oil and gas sector, with most of Singapore’s oil-related companies performing well in 2021.A majority of Singapore’s diverse range of oil-related stocks in both upstream and downstream sectors generated strong pos...

A look at Singapore-based CSE Global’s web page and the first impression one might get is that its fortunes are tied to the oil and gas industry. But that is not the full picture, counters group managing director and CEO Lim Boon Kheng in an interview with The Edge Singapore.For some years, the sy...

IT solutions company CSE Global’s strong orderbook is hampered by supply chain constraints, impacting its earnings for 1HFY2022.In a June 15 note, UOB Kay Hian Research analyst John Cheong is maintaining “hold” on CSE Global with an unchanged target price of 44 cents, which represents a downsi...

TECHNOLOGY solutions provider CSE Global will likely see lower margins amid supply chain disruptions and inflation in the first half of 2022, said CGS-CIMB on Wednesday (May 18).

THE following companies saw new developments that may affect trading of their securities on Wednesday (May 18):

“Despite the headwinds, we will continue to execute our substantial order book while actively seeking new opportunities to grow the business,” he says.“Meanwhile, we will focus on our core businesses and be on the lookout for suitable opportunities to drive expansion into new geographical mark...

REVENUE for mainboard-listed CSE Global rose 5.8 per cent to S$117.6 million in the first quarter ended Mar 31, 2022, from S$111.2 million in the year-ago period.

THE following companies saw new developments that may affect trading of their securities on Tuesday (May 10): Ascendas Real Estate Investment Trust (Ascendas Reit): The real estate investment trust (Reit) proposed to acquire 7 logistic properties in Chicago, Illinois, United States for S$133...

CSE Global Limited has reported new orders of $232.3 million for the 1QFY2022 ended March, up 118.8% from the $106.2 million posted in the corresponding period the year before.The figure was also around 50% of the order intake logged in FY2021.Of the total amount, a bulk of them came from the group�...

CSE Global secured S$232.3 million worth of new orders in the fourth quarter ended Dec 31 2022, up 118.8 per cent from a year ago.